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Madrona Venture Group

Fluid apps, open models, and free markets: Inside the AI-focused Intelligent Applications Summit

by Todd Bishop on October 12, 2023October 12, 2023 at 12:54 pm

Everything in AI is in flux. In fact, a lack of predictability will define this new era. That was one of the overarching takeaways from the second annual Intelligent Applications… Read More

Podcast

Shift AI Podcast: Madrona’s Matt McIlwain on Seattle’s place at the center of the AI universe

by Boaz Ashkenazy on August 26, 2023August 26, 2023 at 6:54 am

[Editor’s Note: On this week’s GeekWire Podcast, we’re featuring an episode of Shift AI, a podcast hosted by Boaz Ashkenazy, CEO of AI solutions provider Simply Augmented, with guest Matt… Read More

Tech Moves: Madrona adds three new venture partners; DexCare hires exec; and more

by Nate Bek on June 29, 2023June 29, 2023 at 1:51 pm

— Seattle venture capital firm Madrona Venture Group announced it added three new venture partners: Loren Alhadeff, Mark Nelson, and Ted Kummert. Alhadeff, formerly the COO of DocuSign, has more… Read More

IBM’s $4.6B Apptio deal marks another new era for Seattle-area cloud and IT management company

by Todd Bishop on June 26, 2023June 26, 2023 at 8:18 am

IBM announced a deal Monday to buy Apptio for $4.6 billion from Vista Equity Partners, less than five years after the private equity firm acquired the Bellevue, Wash.-based cloud and… Read More

Heptio founder leads Stacklok, a new software supply chain startup that just raised $17.5M

by Nate Bek on May 17, 2023May 17, 2023 at 11:18 am

Cloud computing vets Craig McLuckie and Luke Hinds are leading a new startup that helps enterprises vet software supply chains amid a rise in cyber-breaches stemming from open-source code. Stacklok… Read More

Amazon and Microsoft vets raise $10M for computer vision startup used in warehouses

by Nate Bek on April 19, 2023April 19, 2023 at 4:39 pm

A new Seattle startup wants to make it easier for businesses to monitor their warehouses using artificial intelligence and computer vision technologies. Groundlight emerged from stealth Wednesday, unveiling its platform… Read More

Tech leaders form alliance to help fuel robotics work in the Pacific Northwest

by Nate Bek on April 5, 2023April 5, 2023 at 12:58 pm

A trio of tech leaders joined forces to promote the creation of robotics startups in the Pacific Northwest, encouraged by the advancements in artificial intelligence and the growing demand for… Read More

Madrona Venture Group investor on helping founders navigate the Silicon Valley Bank crisis

by Taylor Soper on March 13, 2023March 13, 2023 at 6:05 pm

Hope Cochran began her career as a senior auditor at Deloitte before serving as CFO of Clearwire and King Digital. She’s a finance expert. But the tech veteran has never… Read More

Tech layoffs at big companies could be a boon for startups and entrepreneurship

by Nate Bek on January 27, 2023January 27, 2023 at 8:31 am

A wave of layoffs at tech companies is flooding the job market with fresh talent. The trend is sparking questions about whether startups will take advantage, and whether there will… Read More

Ex-Apple engineers raise $7.5M for new Seattle data storage startup

by Nate Bek on January 9, 2023January 9, 2023 at 10:53 am

A trio of former Apple engineers is leading a new data storage platform for developers building machine learning and artificial intelligence applications. Seattle-based XetHub emerged from stealth mode Monday and… Read More

How 6 venture capitalists are thinking about 2023 — and their advice to startups

by Nate Bek on January 3, 2023January 3, 2023 at 7:39 am

Venture capitalists are in the business of bets, writing checks to the people and ideas they believe are going to impact the world. As part of an annual GeekWire tradition,… Read More

Tech that analyzes videos wins top prize at Univ. of Washington computer science showcase

by Charlotte Schubert on November 17, 2022November 21, 2022 at 11:44 am

A student team working on tech to extract information from videos took home the 15th annual Madrona Prize Tuesday at the 2022 Annual Research Showcase at the Paul G. Allen… Read More

Tech Moves: Madrona hires former Bezos technical advisor; Seattle Children’s names COO

by Charlotte Schubert on October 24, 2022October 24, 2022 at 1:58 pm

— Seattle-based firm Madrona Venture Group appointed Wei Gao as venture partner and Anna Baird as operating partner. Gao was most recently chief operating officer at Hopin, a London-based event… Read More

Tech Moves: Microsoft vet joins Domo as chief people officer; Madrona hires new partner; more

by Charlotte Schubert on October 13, 2022October 13, 2022 at 9:51 am

— Microsoft veteran Monica Pool Knox is now chief people officer of data platform company Domo. Knox worked for Microsoft for almost five years, departing in April 2021. She most… Read More

Tech Moves: Ex-Twilio CIO named CTO at Slalom; Eviation adds CEO; Docugami builds team

by Charlotte Schubert on September 20, 2022September 20, 2022 at 4:13 pm

— Michelle Grover was appointed as the first chief technology officer of Slalom, a Seattle-based global business and technology consulting firm. Grover previously served as chief information officer for Twilio, and… Read More

Seattle startup raises $13.5M to help developers build AI-driven applications on the blockchain

by Nate Bek on September 7, 2022September 7, 2022 at 9:37 am

From movie recommendations to chatbots, artificial intelligence-powered applications are deeply ingrained in the modern web experience. But building those same features for a so-called Web3 business — such as adding… Read More

Podcast

What we learned from the life of early Amazon investor and Seattle business leader Tom Alberg

by Todd Bishop on August 13, 2022August 13, 2022 at 9:52 am

Seattle-based investor and business leader Tom Alberg, who died last week at the age of 82, was a key figure in the e-commerce and wireless industries, and in the Seattle… Read More

Tech Moves: Rover appoints CFO; Smartsheet adds board member; Nautilus Biotechnology hires execs

by Charlotte Schubert on August 8, 2022August 12, 2022 at 11:26 am

— Pet sitting marketplace Rover appointed Charlie Wickers to chief financial officer. Wickers joined Rover in 2017 and most recently served as vice president of finance. He replaces Tracy Knox,… Read More

Remembering Tom Alberg: How an understated investor had an outsized impact on Seattle tech

by Todd Bishop on August 8, 2022August 8, 2022 at 12:05 pm

Tom Alberg will be remembered publicly for everything he did to help create and shape the Seattle region’s tech industry, and for his early investment in Amazon, seeing the potential… Read More

Video

Tom Alberg, 1940-2022: Early Amazon investor was a champion of Pacific Northwest tech

by Lisa Stiffler & Todd Bishop on August 6, 2022August 6, 2022 at 2:30 pm

Tom Alberg, a Seattle business and civic leader who played an instrumental role in the creation of industries ranging from e-commerce to wireless communications, died peacefully at his home on… Read More

Goldman Sachs will invest $325M in iSpot, helping to break Nielsen’s lock on TV ad measurement

by Todd Bishop on April 27, 2022April 27, 2022 at 6:36 am

Goldman Sachs Asset Management will invest $325 million in iSpot.tv as the Seattle-area company loosens industry stalwart Nielsen’s longtime hold on the market for measuring TV ads across broadcast and… Read More

Statsig raises $43M Series B round for rapid, live testing and analysis of new product features

by Todd Bishop on April 20, 2022April 20, 2022 at 3:34 pm

Seattle-area startup Statsig raised $43 million in new funding to further develop and market technology that helps product teams test and evaluate new features, using live data from real customers,… Read More

Inside the AI2 Incubator: Microsoft co-founder’s unfinished legacy fuels quest for new AI startups

by Todd Bishop on April 6, 2022April 23, 2022 at 7:03 am

As a key figure in the PC revolution, late Microsoft co-founder Paul Allen understood the power of new technologies to create world-changing companies. Later in life, Allen saw the same… Read More

‘Intersection of innovation’: Why top tech VC firms are betting big on life science startups

by Charlotte Schubert on February 22, 2022February 22, 2022 at 2:26 pm

Machine learning, data science and other computational methods are wielded by a growing number of biopharma startups to find new drug targets, design new therapeutics, and support their testing. Venture… Read More

News Brief

Madrona leads $60M investment into AI-powered drug discovery company Terray Therapeutics

by Charlotte Schubert on February 15, 2022February 15, 2022 at 9:06 am

Pasadena, Calif.-based Terray Therapeutics, which combines nanotechnology with artificial intelligence, has raised $60 million in a Series A funding round led by Seattle’s Madrona Venture Group. Terray’s chips are fit… Read More

Tech Moves: Indeed hires Zillow economist; Impinj names COO; Amazon vet joins Fabric; more

by Cara Kuhlman on February 11, 2022February 14, 2022 at 1:30 pm

— Former Zillow Chief Economist Svenja Gudell is now chief economist at Indeed, leading the job search engine’s research team. “The labor market is a fundamental building block to the… Read More

Podcast

Microsoft’s Candy Crush: Madrona’s Hope Cochran, former King CFO, on $68.7B Activision deal

by Todd Bishop on January 22, 2022January 22, 2022 at 9:55 am

Why would Microsoft pay $68.7 billion for video-game giant Activision Blizzard? Hope Cochran, managing director at venture capital firm Madrona Venture Group in Seattle, is in a unique position to… Read More

Tech Moves: Washington STEM names new CEO; Conversica and Iterable hire marketing vets

by Cara Kuhlman on January 19, 2022January 19, 2022 at 5:29 pm

— Washington STEM announced Milton Lang as the education nonprofit’s new CEO. He has a doctorate in higher education administration from Washington State University and was most recently vice president… Read More

Tech Moves: Life Science Washington names new CEO; AWS exec departs; Vizio CTO retires

by Cara Kuhlman on January 11, 2022January 11, 2022 at 9:54 am

— Life Science Washington announced Marc Cummings as its new CEO and president. He was most recently the trade association’s VP of public policy and external affairs. Former CEO Leslie… Read More

New list highlights 40 top startups solving business problems with artificial intelligence

by Charlotte Schubert on November 29, 2021November 29, 2021 at 7:53 am

Four Seattle-area companies made a list of top private companies building business applications with artificial intelligence and machine learning. The inaugural Intelligent Applications Top 40 (IA40) list was sponsored by… Read More

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